Blockchain

Top 10 Reasons Why You Should Learn Blockchain

Last updated on May 22,2019 10.3K Views

ShashankShashank is a Research Analyst at Edureka. He is an expert in...Shashank is a Research Analyst at Edureka. He is an expert in Blockchain technology with profound knowledge in Ethereum, smart contracts, solidity, distributed networks...

Top 10 Reasons To Learn Blockchain

Technology moves fast! If you are still cemented in your cube editing Java codes or just messing with PowerBuilder, you’re probably living in the past where there are only a few employers. Things have changed now. You need to take a step ahead and walk with the revolutionary technologies where Blockchain is one among the leaders. Learn Blockchain technology while it is still in its infancy.

Care to know where Blockchain stands in the most sought-after technology of 2018. Find out in Edureka’s skill-report

Are you searching for the best reasons to invest time to learn Blockchain with a view to becoming a user, investor or developer? Here are my 10 picks:

Top 10 Reasons to Learn Blockchain | Edureka

Now, let me help you to understand these in more detail.

10. Cutting Edge Technology

According to the census, it is found that only 0.5% of the world’s population are using blockchain today, but 50% or 3.77 billion people use the internet, so there is an opportunity to walk ahead of the world and learn Blockchain. All you have to do is:

Gather useful resources and exercise them efficiently

Learn Blockchain related skills

Study the working of the technology

Apply your knowledge in building decentralized applications

So, if you prefer to walk with the development of the world you can certainly try out new things like Blockchain.

9. High Demand For Blockchain

Blockchain is a booming sector, there are ample opportunities waiting for you in the market. If you think you have the right skill sets to work in Blockchain domain and wish to get adapted to this trending wave, then you will be able to swim in the sea of jobs and enjoy the power of this revolutionary platform.

8. Calculated Investment In Cryptocurrencies & ICOs

Blockchain is an underlying technology of cryptocurrencies, so by understanding the concepts of Blockchain, you will be able to make smarter investments and tradings. Also, knowing the technology will help you shortlist the best ICOs based on their concepts.

“If people are going to day trade cryptocurrencies, and they don’t know what they are doing, they’re going to get slaughtered,” ~Dan Novaes, Co-founder & CEO of Current.

Believe and learn about the technology behind the cryptocurrencies before investing.

7. Universal Infrastructure Facility

Blockchain and Distributed Ledger Technology (DLT) essentially connect together to form a new type of market infrastructure that sits on top of – and integrates into – existing systems and processes.

So, basically, it offers a single infrastructure and solution facility connected with the other type of market. This way you can integrate into the existing process and system.

6. Data Security & Digital Identity

Before I say anything about the data security just have a look at this data breach visualization. If you look at the current web infrastructure you would find how vulnerable we are right now. Which brings me to the original Web 1.0 concerns about commerce and identity online:

Can my credit card number get stolen?Most definitely.

Am I being tracked?100%.

Do they see my profile activity and password?Oh yes.

Is it safe?Well, we thought so…

In the above image, you can see how blockchain infrastructure eliminates the need for any single entity to keep and store your sensitive data (including you).

So, if Blockchain can solve all these problems then why not learn to use it?

5. Integration With New-Age Technology

Blockchain of Things

Blockchain technology aspires to change the world.

There have been some unique concepts produced from a melding of blockchain with voting systems, commodities trading, and even real estate, but the candidate most likely to push mass adoption of blockchain is the Internet-of-Things (IoT).

This ability to build a safe infrastructure for autonomous collaboration makes it easy to be creative without worrying about the veracity of their data.

4. Industries On Blockchain

Blockchain is playing a dominant role in terms of technology in the market. Banking isn’t the only industry that could be affected by blockchain tech. Supermarkets, energy resources, healthcare, voting and many other sectors could also incorporate blockchain in their future. With this, you can begin with the shift process and ensure that transactions at the platform of Blockchain are maintained and ubiquity value is also driven.

3. Inflection Point of an Era

Analytics by CBInsights

I feel the world is on the brink of another ARPANET moment, perhaps even an inflection point, which will directly affect the way people do business. This moment is Blockchain. With Financial institutions acknowledging the disruptiveness of the Blockchain, predictions are that Blockchain will reach the critical mass around 2024. So, I would suggest that: “It’s better to surf the wave before it’s too late”

2. Absolute Disruption in Chain

Blockchain improves the confidence and fidelity between the operating parties, it lessens the value chain, breaks down the workflow and thus paces up the inter-party processes. This will, in turn, led to refocusing of certain players in the value chain. There’s going to be a lot of job opportunities since players should be sizing up their future position and managers should be reassessing their value chains.

1.High job prospects and good pay

From crypto startups to established companies, the job market looks good for blockchain enthusiasts and it is expected to grow exponentially in the coming years. The employers have been searching for the following job roles:

Senior software engineer, cryptocurrency

Cryptocurrency Analyst

Cryptocurrency Developer

Cryptocurrency Trader

Cryptocurrency Mining Technician

Direct Sales Associate – Cryptocurrency

Systems Engineer (Trading Cryptocurrency)

Cloud Engineer with Bitcoin protocol / Blockchain

Bitcoin Full-Stack Developer

Cryptocurrency Research Analyst (Internship)

I hope my blog on “Top 10 reasons to learn Blockchain” was relevant for you. To get in-depth knowledge of Blockchain along with its various applications, check out our interactive, live-online Blockchain Certification Training here, that comes with 24*7 support to guide you throughout your learning period.